NOT LISTED FOR SALE

7950 Mahogany Run Ln Unit 422 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $438,000 - $580,000

2 Beds
2 Baths
1,244 Sq Ft
$644/mo HOA Fee

Last Sold August 21, 2023

Last sale price $595,000 $478 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,544/month

213 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Hydromassage or Jetted Bathtub
  • Golf Course Community
  • Clubhouse
  • Furnished

About This Home

As of August 2023

PURCHASE THIS VERY PROFITABLE VACATION RENTAL BUSINESS JAN-APRIL 2023 CONFIRMED RENTALS $43,000.00 (SEE ATTACHMENT) WITH FUTURE CONFIRMED RENTALS. TURNKEY, BEAUTIFULLY REMODELED 2/2 IN THE PRESTIGIOUS LELY RESORTS. LAKE VIEW, NEW AC INSTALLED JUNE 2023
OWN A VACATION RENTAL THAT YOU WILL NOT ONLY ENJOY BUT ALSO PROFIT FROM. PROPERTY WAS RECENTLY PURCHASED AND REMODELED. BEGAN RENTING IN 2023
TURNKEY WITH DESIGNER EVERYTHING, HUGE SMART TVS, NEW KITCHEN & APPLIANCES. ALL FURNITURE, BEDS, MATTRESSES, EVERYTHING IN THE UNIT IS LESS THAN 8 MONTHS OLD WITH NOTHING BUT 5 STAR REVIEWS. GROUNDS ARE PRISTINE. GOLF INCLUDED, INCREDIBLE BUSINESS OPPORTUNUITY WITH OUTSTANDING RENTAL INCOME. YOU ARE NOT REQUIRED TO USE THE DEVELOPMENTS RENTAL PROGRAM. THERE IS NO RESORT FEE AND YOUR GUESTS HAVE ACCESS TO THE ENTIRE DEVELOPMENT.

Last Agent to Sell the Property

Pedrin Valbuena

INACTIVE AGENT ACCT License #271000700 Listed on: 01/20/2023

Last Buyer's Agent

Amaar Rahman

Keller Williams Realty Naples License #249530429

Keller Williams Realty Naples

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

Home Design

  • Entry on the 2nd floor
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Double Hung Windows
  • Open Floorplan
  • Laminate Flooring
  • Lake Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • Lely Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 422
  • Assessor Parcel Number 46686004646

Community Details

Overview

  • Association fees include management, cable TV, golf, insurance, internet, irrigation water, ground maintenance, pest control, recreation facilities, trash, water
  • 106 Units
  • Association Phone (239) 732-9920
  • Greenlinks Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,012

Year Built

Built in 2000

Lot Details

0

HOA Fees

$644 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: GREENLINKS
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 2000
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Cooktop, Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Bathtub, Dual Sinks, Family/Dining Room, Jetted Tub, Living/Dining Room, Pantry, Separate Shower, High Speed Internet, Split Bedrooms
  • Living Area: 1244.0
  • Stories: 2
  • Window Features: Double Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors, Patio, Tennis Court(s)
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel
  • Amenities: Basketball Court, Bocce Court, Clubhouse, Fitness Center, Golf Course, Barbecue, Picnic Area, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s), Management, Satellite TV
  • Association Fee: 147.0
  • Association Fee Frequency: Monthly
  • Phone: 2397329920
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 1491.0

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Golf, Insurance, Internet, Irrigation Water, Maintenance Grounds, Pest Control, Recreation Facilities, Trash, Water

Schools

  • Elementary School: LELY ELEMENTARY SCHOOL
  • High School: LELY HIGH SCHOOL
  • Middle Or Junior School: MANATEE MIDDLE SCHOOL

Lot Info

  • Parcel #: 46686004646

Multi Family

  • Number Of Units In Community: 106

Tax Info

  • Tax Annual Amount: 3011.53
  • Tax Lot: 422
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Aug 1, 2023
Sold by
Valbuena Managing Partners Llc
Bought by
Rahmed Properties Llc
Seller's Agent
Pedrin Valbuena
INACTIVE AGENT ACCT
Buyer's Agent
Amaar Rahman
Keller Williams Realty Naples
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%
Views
76
Current Estimated Value
$491,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,414
Avg. Annual Appreciation
-7.90%
Original Mortgage
$476,000
Outstanding Balance
$465,453
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$26,133

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 18, 2022
Sold by
Huron In Florida 3 Llc
Bought by
Valbuena Managing Partners Llc
Seller's Agent
Cheryl Johnigean
INACTIVE AGENT ACCT
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.03%
Original Mortgage
$350,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2021
Sold by
Macro Realestia Llc
Bought by
Huron In Florida 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 16, 2013
Sold by
Regions Bank
Bought by
Holland Everett Glenn and Holland Jean Truitt

Purchase Details

Closed on
May 23, 2013
Sold by
Abed Sami
Bought by
Marco Realistia Llc

Purchase Details

Closed on
May 10, 2013
Sold by
Tevere Valerie
Bought by
Abed Sami

Purchase Details

Closed on
Feb 1, 2007
Sold by
Lely Golf Villas I Lp
Bought by
Tevere Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,910
Interest Rate
1.51%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rahmed Properties Llc $595,000 None Listed On Document
Valbuena Managing Partners Llc $499,000 Coleman Yovanovich & Koester P
Huron In Florida 3 Llc $1,300,000 Attorney
Holland Everett Glenn $555,000 Attorney
Marco Realistia Llc -- Attorney
Abed Sami $84,900 Town & Country Title
Tevere Valerie $349,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahmed Properties Llc $476,000
Previous Owner Valbuena Managing Partners Llc $350,000
Previous Owner Huron In Florida 3 Llc $910,000
Previous Owner Tevere Valerie $314,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2023 08/21/23 Sold $595,000 -0.8% $478 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $599,900 +20.2% $482 / Sq Ft
08/18/2022 08/18/22 Sold $499,000 0.0% $401 / Sq Ft View Prior Sale
07/14/2022 07/14/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $499,000 -- $401 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,771 $367,004 -- $367,004
2024 $3,717 $357,052 -- $357,052
2023 $3,717 $343,368 $0 $343,368
2022 $3,012 $258,655 $0 $258,655
2021 $1,987 $159,744 $0 $159,744
2020 $1,904 $152,970 $0 $0
2019 $1,829 $139,064 $0 $0
2018 $1,715 $126,422 $0 $0
2017 $1,662 $114,929 $0 $0
2016 $1,516 $104,481 $0 $0
2015 $1,347 $94,983 $0 $0
2014 $1,148 $86,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pedrin Valbuena

    INACTIVE AGENT ACCT

    Section Image

  • A

    Buyer's Agent in 2023

    Amaar Rahman

    Keller Williams Realty Naples

    Section Image
  • Cheryl Johnigean

    Seller's Agent in 2022

    Cheryl Johnigean

    INACTIVE AGENT ACCT

    (904) 551-8300

    8 in this area

    14 Total Sales

    Cheryl Johnigean
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223005120

Florida Gulf Coast Multiple Listing Service

APN: 46686004646

Florida Collier County Naples 34113 Lely Resort

7950 Mahogany Run Ln Unit 422, Naples, FL

Not Listed for Sale

Condos

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